Frequently Asked Questions (FAQs)

Accounting units are generally serviced within the Finance department by range. You can reference the accounting unit ranges and types at the Chart of Accounts Structurepage. A general guide is listed below.

Budget transfers are used to outline anticipated revenue and expense. Departments may submit budget transfers to better align their budgets with their actual spend. For example, if a new position is created within a department a permanent budget transfer would be processed to fully fund the position. Also, if one department would like to support a program or event in collaboration with another department a temporary budget transfer may be processed, impacting the current fiscal year.

All temporary and permanent budget transfer requests are reviewed to ensure that there is a sufficient available budget to accommodate the requested transfer. A budget transfer may not be approved to be processed if there are insufficient funds. Also, budget transfers between different fund types such as operating to an endowment accounting unit are unable to be processed.